BOARD01862

• Board Meeting Date: 11/23/1998
• Description: CF Section - Special Purpose Accounts - Colorado River Recovery Program Loan Account - Additional Funds
• Board Meetings - Doc Type: Memo

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1 funds within these limits to the Service shall not be subject
2 to transfer fees. No later' than December 31, 2010, the
3 Secretary shall submit a report on the utilization of power
4 revenues to the Subcommittees on Energy and Water De-
S ve1opment. for the Senate and the Cbminittee' on 'Appro-
6 priations of the House of Representatives: The Secretary
7 shall also make a recommendation regarding the need for
8 additional funding that may be required to fuIfill. the goals
9 of the ReCovery Implementation' Programs. Nothing in
10 this Act shall oth~rwise' inodifyot8.me~d existing ag,-Efe"
11.' ments arnongparticipants i-eg8.rd.ing base funding and de-
12 pletion fees for the Recovery' Implementation 'Progranis.
13 . The Secretary of Energy and Reclarnation shall maintain
14 sufficient revenues in the Colorado River Basin Fund to
15 meet their obligations to provide base funding in accord~
16 ance with this provision.
17 d' (e) ALTHORITY.To RET"UX APPROPRIATED
18 FLXDS.-At the end of each fiscal year, any unexpended
19 appropriated funds for capital projects shall be retained
20 for use in future fiscal years. Unexpended funds which are
21 carried over shall continue to be used to implement the
22 capital projects needed for the Recovery Implementation
23 Programs.
24 (f) ADDITIOXAL Al:THORITY.-The Secretary may
25 enter into agreements and contracts with Federal and

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